Macroeconomic policy : demystifying monetary and fiscal policy
著者
書誌事項
Macroeconomic policy : demystifying monetary and fiscal policy
Springer, c2009
2nd ed
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注記
Includes bibliographical references (p. 281-283) and index
内容説明・目次
内容説明
This is an applications-oriented text that demystifies the linkages between monetary and fiscal policies and key macroeconomic variables such as income, unemployment, inflation and interest rates. Specially written "newspaper" articles simulate current macroeconomic news on asset-price bubbles, exchange rates, hyperinflation and more. Exercises and diagrams, and a global perspective - incorporating both developed and emerging economies - make this a broadly useful, real-world oriented text on a complex and shifting subject.
目次
and Overview of the Second Edition.- National Income Accounts.- Budget Deficits, Trade Deficits, and Global Capital Flows: The National Savings Identity.- Aggregate Demand: Setting the Stage for Demand-Side Stabilization.- Demand-Side Stabilization: Overheating, Hard Landing, and Everything in Between.- Long-Term Interest Rates, the Yield Curve, and Hyperinflation.- ISLM: The Engine Room.- The Classical Model.- The Keynesian Model.- The Supply-Side Model and the New Economy.- Central Banks and Monetary Policy.
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